Back taxes are those taxes that are overdue. They are taxes owed from a prior tax periods and have not yet been paid. There is always a penalty for not paying IRS back taxes on time. A situation like this can be backed up by Scammahorn Law Firm, P.C. in El Paso, Texas. Their work is to defend the position of the defaulting tax payer in order to save him/her from embroidered fines and penalties.

The accumulation of back taxes can therefore have a detrimental effect on the financial position of a company when payment is to be made in form of fine additions. Therefore, it is highly advisable for each individual client with back taxes problems to consult a tax law firm in a bid to regulate the severity of their cases.